Paul Macapagal's (pmacapagal) Blog

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Real Estate Agent - Town Residential

ARCHIVED BLOG POSTS

2008 

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Stocks surged Tuesday morning after the Federal Reserve said it would loan up to $200 billion to banks and lenders in an effort to loosen up tight credit markets. The Dow Jones industrial average soared more than 250 points in the early going. The blue-chip index had ended the previous session at...
03/11/2008
Hello fellow real estate colleagues, I am wondering if any of you AGENTS have singed up with housevalues .com.  I spoke to a representative today and I am somewhat interested in their service.  Any feedback that you could give me would be very helpful.  The investment is over $4000.00 a year, and...
03/10/2008
 The dollar fell against the yen and the euro in Asia Monday over the speculation that gloomy economic conditions in the U.S. will prompt the Federal Reserve to drop interest rates next week. The dollar was trading at 102.00 yen midafternoon Monday, down from 103.09 yen late Friday in New York. T...
03/10/2008
I know how all of you real estate agents out there are always on time for that appointment.  So this Sunday make sure you remember to set your clocks forward one hour before you go to sleep.  Yes you are losing an hour of sleep, so stop complaining and get out there and "sell like hell"
03/06/2008
HUD has created a new webpage that provides the new conforming loan limits and limits for FHA-backed loans by state, county or metropolitan statistical area. The Web page is capable of generating tables for one or several areas. The new loan limits are based on county median home prices. Properti...
03/06/2008
The Federal Reserve is expected to again cut key interest rates - now at 3 percent - at its next meeting on March 18. Futures market investors are betting the cut will be at least a half-percentage point. Some have predicted a three-quarter-percentage point cut, but most analysts believe the Fed ...
03/06/2008
The price of a 23-ton trailer load of sawdust has jumped to $2,000 from $400 or so two years ago...  I found this fascinating... While so many factors, such as oil, subprime mortgages, jobs, declining dollar, etc... impact housing, it stands to reason that housing is impacting many areas as well....
03/05/2008
For those of you who thought the real estate market was only one dimensional.  Here is something that will change your point of view  every day. For the truly privileged.  NYC real estate firm Prudential Douglas Elliman is going to Market and Sell you your own private and personal ocean home aboa...
03/02/2008
For the Seller Broker: Typically 6% Own Attorney: Consult your attorney NYC Transfer Tax: $4 per $1,000 of price Miscellaneous Title Fees: $200-$500 Pick-up / Payoff Fee to Title Closer: $100-$300 For the Purchaser MORTGAGE CLOSING COSTS Buyer's Attorney: Consult your attorney Bank Fees: $750 App...
03/02/2008
For the Seller Broker: Typically 6% Own Attorney: Consult your attorney Co-op Attorney: $450+ Flip Tax: Typically 1% to 3% of price (if applicable) Stock Transfer Tax: $0.05 per share Move-out Deposit/Fee: Varies by building NYC Transfer Tax: Residential: Up to $500,000 = 1% $500,000+ = 1.425% Co...
03/02/2008
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Paul Macapagal

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